JFD Group, a multi-asset brokerage, announced today that Lars Gottwik, Co-Founder and CEO of JFD Group, will step down from his position by the end of this month. Under Gottwik, JFD Group acquired German investment bank, Acon Actienbank AG.
According to the official announcement shared with Finance Magnates, Gottwik spent more than 10 years at JFD Group. He accelerated the expansion activities of the company through the opening of multiple offices in different cities around the world, including Limassol (Cyprus), Ludwigsburg (close to Stuttgart, Germany), Varna and Sofia (Bulgaria), Shenzhen (China) and Madrid (Spain).
JFD Group mentioned that Gottwik will depart on 30 April 2021.
Commenting on the latest announcement, Gottwik said: “It was a unique experience and great adventure growing JFD, together with my teammates, from zero to a globally renowned multi-asset broker. Our team spirit, combined with the ambition to change a whole industry for the better by becoming more transparent and client-centric, made the difference. After these ten years, I leave JFD being proud of what we achieved as a team. Yet, it is time for a new chapter in my professional career. I want to thank once more my colleagues for such an amazing experience.”
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In 2019, Finance Magnates reported about the opening of an office in Madrid by JFD to expand its services.
JFD Group highlighted the milestones achieved by Gottwik during his time at the company. The brokerage praised Gottwik’s strategic leadership and his acquisition strategy.
“Under Lars’s strategic leadership, the company evolved from an ambitious start-up to a global financial group, establishing an overseas subsidiary and acquiring in 2018 the German investment bank, Acon Actienbank AG which was renamed to JFD Bank AG with him as the CEO. Having three operational licenses on its belt, JFD became a recognized multi-asset brokerage powerhouse serving clients from more than 130 countries across five continents,” the financial services provider mentioned in the official press release.
In December 2020, JFD Group introduced commission-free ETF trading for European clients.